Business
BHP strikes US$2 billion funding deal with GIP for iron ore power network
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake BHP Group said on Tuesday (Dec 8)…
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Business
Vietnam’s Vingroup to develop US$3 billion ecosystem in Telangana, strengthens India push
VinFast, despite its ongoing global expansion, continues to report widening losses Vietnam’s largest conglomerate Vingroup on Tuesday (Dec…
Business
IBM accelerates cloud drive with US$11 billion Confluent deal as AI demand booms
Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models IBM said on Monday (Dec…
Business
Indonesia fines dozens of palm oil, mining companies US$2.3 billion for operating in forest areas
The task force handed over 1.5 million hectares of plantations to state firm Agrinas Palma Nusantara An Indonesian government task force…
Business
Vietnam's Export Revenue Surpasses US$280 Billion as High-Value Goods Drive Growth
Vietnam recorded strong trade performance over the recent period, with export earnings exceeding US$280 billion, driven largely by…
Business
Ex-Nvidia manager worth US$4.3 billion after blockbuster China IPO
In late 2023, Zhang Jianzhong faced one of the darkest hours of his career. His Chinese startup, Moore Threads Technology, was forced to…
Business
Smotrich, Sa'ar approve NIS 2.35 billion in hasbara budget for campaigns, influencers during 2026
The budget will be used for campaigns to raise awareness and promote Israel worldwide, with NIS 1 billion already authorized by the…
Culture
Netflix to buy Warner Bros Discovery’s studios, streaming unit for US$72 billion
The deal will further tilt the power balance in Hollywood in favour of the streaming giant Netflix has agreed to buy Warner Bros…
Business
China chipmaker Moore Threads soars 469% after eight billion yuan IPO
The listing comes as optimism over the country’s drive for tech self-sufficiency intensifies, fuelled by trade tensions and fears of US…
Business
China chipmaker Moore Threads soars 502% after eight billion yuan IPO
The listing comes as optimism over the country’s drive for tech self-sufficiency intensifies, fuelled by trade tensions and fears of US…
Business
Alphabet’s TPU AI chips are a potential US$900 billion ‘secret sauce’
The success of TPU chips is a primary reason for the company’s 31% fourth-quarter share rally Alphabet investors are growing increasingly…
Business
DayOne Data Centers seeks US$2 billion in upsized funding deal: sources
Singapore-based DayOne Data Centers is in advanced talks to raise more than US$2 billion in an upsized Series C funding round to help…
Business
Paramount hikes Warner Bros breakup fee to US$5 billion
Paramount Skydance more than doubled the proposed breakup fee in its offer to acquire Warner Bros Discovery to US$5 billion, according to…
Business
TikTok to invest more than 200 billion reais in Brazil data centre
ByteDance’s TikTok will invest more than 200 billion reais (S$49 billion) to build a data centre in Brazil, marking its first project in…
Business
Adani Group plans US$15 billion India airports expansion by 2030
The Adani Group plans to invest US$15 billion to boost passenger capacity at its airports to 200 million annually in the next five years,…
Business
JD.com’s supply-chain technology unit seeks up to HK$3.3 billion in Hong Kong IPO
JD.com’s supply-chain technology unit has started taking investor orders for a Hong Kong initial public offering (IPO) that may raise as…
Business
Saudi National Bank’s US$1 billion loan adds to Middle East spree
Saudi National Bank is seeking a US$1 billion syndicated loan, continuing a borrowing rush by the kingdom’s lenders that are helping…
Business
Indonesia assigns US$1 billion to Brics-led New Development Bank
Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations. The…
Business
Danantara’s US$1.4 billion Garuda play emerges as key reform test
The 76-year-old airline is a major employer and a key mode of transport for the country Indonesian sovereign wealth fund Danantara’s…
Business
Nvidia takes US$2 billion stake in Synopsys as AI deal spree accelerates
The deal adds to Nvidia’s slew of new partnerships in the artificial intelligence ecosystem Nvidia has invested US$2 billion in chip…
Business
Industrial developer Soon Hock likely to benefit from S$1 billion earnings pipleline: UOB KayHian
UOB also expects attractive dividend yields of 5.5 per cent and 10 per cent for 2025, 2026 UOB Kayhian initiated coverage on industrial…
Business
Industrial developer Soon Hock likely to benefit from S$1 billion earnings pipeline: UOB KayHian
UOB also expects attractive dividend yields of 5.5 per cent and 10 per cent for 2025, 2026 UOB Kayhian initiated coverage on industrial…
Business
Industrial developer Soon Hock likely to benefit from S$1 billion earnings pipeline: UOB Kay Hian
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively UOB Kay Hian initiated coverage on industrial…
Business
Industrial developer Soon Hock to rake in strong earnings from 4 projects worth S$1 billion: UOB Kay Hian
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively UOB Kay Hian initiated coverage on industrial…